I wanted to know can I add the utility bills to the rental property that I was paying, even if nobody was living there at the moment. Kept them on to get repairs done.

biggenegtp · ‎June 4, 2019

PeterM · ‎June 4, 2019

Yes. From what you've said, those are operating expenses of the rental.

view2 · ‎June 4, 2019

Idle Property

Continue to claim a deduction for depreciation on property used in your rental activity even if it is temporarily idle (not in use). For example, if you must make repairs after a tenant moves out, you still depreciate the rental property during the time it is not available for rent.

An expense.

I wanted to know can I add the utility bills to the rental property that I was paying, even if nobody was living there at the moment. Kept them on to get repairs done.

Investors & landlords

Investors & landlords